Tax Planning For Special Income (1)

With the development of economy, personal income channels are increasing and the amount of money gained is increasing. Therefore, it is inevitable to pay taxes to the state.

At present, the tax paid by individuals in China is mainly personal income tax.

Previous personal income tax items focused on wages and salaries.

Now, some people's income is not limited to wages and salaries.

For example, people who work in listed companies, high-tech enterprises and other fields have the opportunity to hold shares or stock options; when they engage in technology development, they will have patent rights; those who write articles will have copyright and so on. These rights will bring income accordingly, and they will inevitably face tax problems.

On the premise of paying taxes in accordance with the law, how to reduce tax burden and make more money into their pockets becomes a topic that some people have to face.

Recently, a reporter attended a lecture on "financial planning and property management", hosted by DDT certified public accountants and Swiss bank.

Most of the participants were very wealthy, because they were very concerned about the Levy of estate tax, and they were interested in the application of "trust" by Swiss bank for $1 million 400 thousand.

The participants discussed tax issues related to personal investment and financial management. They paid close attention to the tax burden of special income.

A woman consulted an expert, whether the intangible assets were pferred or investment was good, and the experts made the following analysis.

We can collectively refer to the extra income in addition to wages and salaries as special income. Suppose that someone owns several kinds of special income, then how can we plan for more benefits?

Through years of research, a technology has been invented which can greatly improve the efficiency of extracting useful substances from medicinal plants.

The technology has obtained the national patent and the patent right belongs to the individual.

After the publication of the patent, it attracted the attention of many pharmaceutical factories.

They asked the person to pfer the right to use the patent, and one of them offered a pfer price of 5 million yuan.

Another good pharmaceutical Limited by Share Ltd offered him the right to hold the same price of the company and let him serve as deputy general manager in charge of the development and development of drugs.

In the face of the two choice, how should we decide? The main consideration should be the direct pfer of patents to obtain cash, or the holding of company stock.

If you choose to directly pfer the patent to get cash, you can earn 5 million yuan, but at the same time, you should bear the following tax burden: 1. sales tax.

According to the relevant regulations of business tax, the pfer of the patent right belongs to the pfer of intangible assets. The business tax shall be paid, the tax rate is 5%, and the tax paid is 500 x 5% = 25 (10000 yuan). Therefore, after paying the business tax, the actual income of the person is 4 million 750 thousand yuan.

2. personal income tax.

In accordance with the relevant provisions of the personal income tax law, the pfer of royalty is royalty income and individual income tax shall be paid.

The royalty income is the amount of taxable income after deducting the prescribed fee from the income, norm or fixed rate earned by each individual.

Because the person has earned more than 4000 yuan at a time, 20% of the cost should be deducted, so the tax payable is (475-475 x 20%) x 20% = 76 (10000 yuan). After paying his personal income tax, his actual income is 3 million 990 thousand yuan.